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New Public Audit Office Act Announced For Cook Islands,
by Carla Johnson, Investors Offshore.com, London
Thursday, May 08, 2008
The Cook Islands is set to have a new Public Audit Office Act by the end of
the year which will extend the powers of the Audit Office, the government has announced.
The new Act will be similar to that of the New Zealand Audit Office, and will give
the Cook Islands Audit Office more autonomy in the execution of its responsibilities,
and improve on reporting.
Director of Audit Paul Allsworth revealed that the current Act hasn’t been reviewed
since the 1996 economic reforms, and suggested that the Audit Office has come a long way since
that time, in terms of outputs that have set a high benchmark for the rest of
the Pacific.
“Existing legislation, the Public Expenditure Review Committee and Audit
Act, is adequate, but we have the opportunity to make it better to deliver better
results for our people,” Mr Allsworth explained, concluding:
“The ingredients for success to achieve good governance is having robust
legislation as it gives us our mandate, and to be able to perform without political
interference. Having the ability to work independently is crucial and we have
been very fortunate in having a minister (Sir Terepai Maoate) who is very supportive
of that, our role and work.”
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